Ah! Thanks for Posting - I Agree With You - Like I Said in Earlier Post 1/4 Point Rate Hikes Even 1/2 Point Rate Hikes Are Like Pissing On a Forest Fire
How Do You See This Ending?
I think it’s a concerted effort by the cabal to destroy the $$ as the world’s default currency and destroy the global middle class. The first ball to drop will be detaching the dollar from all oil trades. That is such a big deal that most don’t understand the ramifications.
Next, you will see China selling their massive treasury holdings. In a debt market that is currently lacking bids of any volume that sell supply could take our 10 year to 4-5%. We are currently at 2.32 with a recent high of 2.5%.
Gasoline is another major bit of fuckery. I know the largest gasoline trucking company in Chicago. I’m good friends with the COO and have worked with him for 15 years. They have 46 tanker trailers. Those trailers do over 5 million miles annually delivering fuel in
Chicagoland. He’s running 29 right now. He is beside himself as to why he can’t get drivers. There is some major fuckery at work there. And it’s not just fuel logistics. It’s across the supply chain.
Now the important shit. Farmer input costs are getting extremely onerous. If you are a dairy farmer the cost of grain and hayage/silage you feed your cattle is through the roof. If you are a grain/silage farmer your fertilizer costs are up 100+% at least. Your fuel to run your equipment is up 200+%. If you are a chicken or hog farmer Covid literally and figuratively killed your labor base. Vax mandates were the extra 10 shells you pumped into the corpse. If you don’t have workers to process the meat, truckers to deliver it, or your fuel/grain costs continue to rise what are you gonna do as a businessman?
The destruction of our livelihood is well on its way. If you have $50mm+ you are good. If you can live off the land you are good. If you aren’t in those groups your life is about to get real fucking shitty.
I certainly hope I’m wrong.
